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Oak Lawn 60453 Oak Lawn
9428 Massasoit Avenue
$260,000
● House - Off Market

9428 Massasoit Avenue

Oak Lawn, IL 60453
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,277 Ft²
$258,373
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great location this spacious 3 bedroom's 1.5 bath Completely Maintenance Free Brick Split Level, with walking distance to schools, shopping and transportation. Nice split level with unfinished basement/ Eat-in kitchen along with nice size  bedrooms with hardwood floors thru-out. Home features a Newer Roof installed 2018/ Side drive-way leading to a 2.5 car garage/ All newer Stainless Appliances some windows have been replaced.
Unit Size
1,277 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$196
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11447661)

Price History

Date / Event Date Event Price
Aug 25, 2022 Sold
Premium
Sold
Jun 27, 2022 Listed by RE/MAX 1st Service $249,898
Listed by RE/MAX 1st Service

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 1,277
  • Gross Building Area: 1,277
  • Building Area: 1,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,277
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNWOOD ADD 02
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Oak Lawn Community High School District 229
  • Census Tract: 822500

Geography

  • District: 39
  • Parcel: 24-05-413-017-0000
  • Lot: 81
  • Meridian: SEC 05 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7204
  • Longitude: -87.7644

    Address

  • Full Address: 9428 Massasoit Ave
  • Address - House Number: 9428
  • Address - Street Name: Massasoit
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Lawn
  • Carrier Code: C042
  • 4-Digit Zip Code: 2334
  • Zip Code: 60453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $529,353
  • Tax Rate Code Area: 39023

    Appraisal Valuation

  • Standard Deviation: 0.247
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 288,736
  • High Value: 360,072
  • Low Value: 217,401

    Market Valuation

  • Market Total Value: $250,010
  • Market Land Value: $38,530
  • Market Improvement Value: $211,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,001
  • Assessed Land Value: $3,853
  • Assessed Improvements Value: $21,148

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39263
  • Previous Sale Recording Date: Apr 22, 2016
  • Previous Sale Contract Date: Apr 12, 2016
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Lawn

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1599 ft²

Average Home Age

56.4 years

Currently For Sale

154 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Daniel Vainisi, RE/MAX 1st Service
Last Updated: 3 years ago
Data Source: MRED, MLS# 11447661
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 9428 Massasoit Avenue built and last sold?
The property at 9428 Massasoit Avenue was built in 1963 and last sold on Aug 24, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 9428 Massasoit Avenue is $0.
What are some comparable homes to 9428 Massasoit Avenue?
There are currently no comparable homes to 9428 Massasoit Avenue.
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